Industry & Business

Economy

Rise in Gas Prices Drives Up Bord Gáis Energy Index in December

    Rise in Gas Prices Drives Up Bord Gáis Energy Index in December

The Bord Gáis Energy Index for December is 5% higher as the wholesale price of oil, gas, coal and electricity all rallied during the month. Gas prices jumped by 8% as

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Ireland’s First Near Zero Emissions Zone a Magnet For Business and Jobs

    Ireland’s First Near Zero Emissions Zone a Magnet For Business and Jobs

Three counties have come together to create a low carbon, energy efficient zone which they say will be a unique magnet for internationally-trading companies looking for a near zero emissions European

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Record Investment in Energy Efficiency and Renewable Energy in 2017

    Record Investment in Energy Efficiency and Renewable Energy in 2017

The Sustainable Energy Authority of Ireland (SEAI) has published its annual results for 2017. It shows a record €105 million government investment in energy efficiency and renewable energy, allocated through

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Ireland’s Supply Chain Security Post Brexit to Lead Agenda at National Manufacturing and Supply Chain Conference

    Ireland’s Supply Chain Security Post Brexit to Lead Agenda at National Manufacturing and Supply Chain Conference

The impact of Brexit on Ireland’s supply chain and potential border issues will be a prominent topic at this years National Manufacturing and Supply Chain Conference. The conference is the

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Another Record Year For Irish Food and Drink Exports

    Another Record Year For Irish Food and Drink Exports

The value of Irish food, drink and horticulture exports increased by 13% in 2017, to reach €12.6 billion for the first time. The figure increases to €13.5 billion when non-edible

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210,443 Now Employed in IDA Ireland Portfolio

    210,443 Now Employed in IDA Ireland Portfolio

IDA Ireland, the Irish Government agency responsible for attracting foreign direct investment to Ireland, has announced that employment levels in foreign owned companies have reached 210,443. This figure surpasses the

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Enterprise Ireland Supported Companies Created Over 19,000 New Jobs in 2017

    Enterprise Ireland Supported Companies Created Over 19,000 New Jobs in 2017

Enterprise Ireland, the Government agency responsible for developing Irish business globally, has reported the creation of 19,332 new jobs by Enterprise Ireland backed companies in 2017. 209,338 people are now

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New Analysis Confirms Drinks Industry is an Irish Success Story, Driven by Innovation

    New Analysis Confirms Drinks Industry is an Irish Success Story,  Driven by Innovation

The analysis found that in 2017 the industry continued to be a major contributor to economic activity across the country. The drinks and hospitality industry supports 204,000 jobs, with a

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Approval For Irish Support Scheme For SMEs

    Approval For Irish Support Scheme For SMEs

The European Commission has approved under EU State aid rules an Irish scheme to reduce the taxation of employee share options for SMEs. The scheme will allow small and medium-sized

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Planning Regulations and Planning Process Delays Impacting on Irish Commercial Real Estate Sector

    Planning Regulations and Planning Process Delays Impacting on Irish Commercial Real Estate Sector

The latest Commercial Real Estate (CRE) Sentiment Tracker from Origin Capital, completed by 180 industry professionals, identified industry concerns about the current planning regulations and processes in Ireland and the

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Four Key European Consumer Trends For 2018

    Four Key European Consumer Trends For 2018

Mintel has revealed the key consumer trends set to impact Europe in 2018. Over the coming year: Consumers will take to the seas to reel in recycling as a new

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Greater Skill Utilisation and Skilled Migration Needed to Boost Productivity in Ireland

    Greater Skill Utilisation and Skilled Migration Needed to Boost Productivity in Ireland

New research published by the ESRI finds that greater skill utilisation and skilled migration are required to support a productive and competitive economy. The research examines the difference between the skills

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Climate Change Advisory Council Calls For Urgent New Measures to Reduce Carbon Emissions

    Climate Change Advisory Council Calls For Urgent New Measures to Reduce Carbon Emissions

Ireland is not on track to meet its 2020 targets or to decarbonise its economy by 2050, according to the Climate Change Advisory Council’s first Annual Review. “The actions in

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European Commission Approves Joint Capacity Mechanism for Ireland and Northern Ireland

    European Commission Approves Joint Capacity Mechanism for Ireland and Northern Ireland

The European Commission has approved under EU State aid rules the new capacity mechanism for the jointly operated Irish and Northern Irish electricity market. The mechanism will help ensure security

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Review Confirms Core Elements of Mortgage Measures Remain Unchanged

    Review Confirms Core Elements of Mortgage Measures Remain Unchanged

The outcome of the annual review of the residential mortgage measures has been published by the Central Bank of Ireland. The review is based on analysis of mortgage lending data

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Teagasc National Dairy Conference- Seizing Opportunities For a Better Future

    Teagasc National Dairy Conference- Seizing Opportunities For a Better Future

Milk production in Ireland has gone from 5.5 billion litres to over 7 billion litres and that trend is set to continue. That was the opening message from Michael Hanley,

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New Co-Fund Announced With £50 Million to Invest in Northern Ireland SMEs

    New Co-Fund Announced With £50 Million to Invest in Northern Ireland SMEs

Invest Northern Ireland has appointed managers for a new £50 million fund which will generate investment into high potential Northern Ireland companies. Clarendon Fund Managers Limited (CFM) has been appointed to

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Total Lifetime Cost of Childhood Overweight and Obesity in Ireland Estimated at €7.2 Billion

    Total Lifetime Cost of Childhood Overweight and Obesity in Ireland Estimated at €7.2 Billion

New safefood funded research into the cost of childhood overweight and obesity on the island of Ireland has estimated the total lifetime cost to be €7.2 billion (€4.6 billion in

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EIF and SBCI Triple New Financing For Irish SMEs to €330 Million

    EIF and SBCI Triple New Financing For Irish SMEs to €330 Million

The European Investment Fund (part of the EIB Group) and the Strategic Banking Corporation of Ireland (SBCI) have tripled their finance for Irish SMEs under the COSME programme in Ireland

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EIB Backs Re-development of Limerick and Confirms New Irish Urban Investment Plans

    EIB Backs Re-development of Limerick and Confirms New Irish Urban Investment Plans

Limerick’s economic resurgence has taken another giant step forward as the European Investment Bank (EIB) confirmed a record commitment for an urban Ireland investment programme for the city. EIB will

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HBAN to Boost Angel Investment to €25 Million Per Year By 2020

    HBAN to Boost Angel Investment to €25 Million Per Year By 2020

HBAN (Halo Business Angel Network), the all-island group responsible for the promotion of business angel investment in Ireland, plans to increase the amount invested in Irish start-ups by HBAN angels to

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82% of Engineering Employers Plan to Hire in 2018

    82% of Engineering Employers Plan to Hire in 2018

79% of engineering employers expect their businesses to grow in 2018, a new Engineers Ireland survey has revealed. The findings indicate that engineering employers are very confident for the year

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House Prices Could Rise By 20% From 2017 to 2020

    House Prices Could Rise By 20% From 2017 to 2020

New ESRI research analyses a number of demographic and economic factors to forecast trends in house prices. The research finds that over the period from 2017-2020, house prices could rise

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Invest NI Expands International Network With New Office in Sydney

    Invest NI Expands International Network With New Office in Sydney

Invest Northern Ireland is to increase its presence in Australia with a new Regional Manager to be based in Sydney. The

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Ireland Has Relatively Strong Infrastructure With Some Sectoral Weaknesses

    Ireland Has Relatively Strong Infrastructure With Some Sectoral Weaknesses

A recent IMF Assessment evaluating Ireland’s public investment in infrastructure finds that infrastructure levels and management practices are generally well

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Irish Water Preparing For the Future With Development of National Water Resources Plan (NWRP)

    Irish Water Preparing For the Future With Development of National Water Resources Plan (NWRP)

Irish Water is preparing for the future with the development of the first National Water Resources Plan (NWRP). The plan

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SEAI Sustainable Energy Awards Recognise Commitment of Irish Businesses

    SEAI Sustainable Energy Awards Recognise Commitment of Irish Businesses

The Sustainable Energy Authority of Ireland (SEAI) recently announced the winners of its Sustainable Energy Awards at a gala event

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Ireland Needs a Small Business Strategy

    Ireland Needs a Small Business Strategy

Ireland urgently needs a coherent strategy to support Irish small business, according to Sue O’Neill, Chair of the Small Firms

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Efforts to Prevent Illegal, Unreported and Unregulated Fishing

    Efforts to Prevent Illegal, Unreported and Unregulated Fishing

The Sea-Fisheries Protection Authority (SFPA), the independent state agency responsible for the regulation of the sea-fisheries and the seafood production

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European Commission Approves Sixth Prolongation of Irish Credit Union Restructuring Scheme

The European Commission has found the prolongation until 30 April 2018 of an Irish scheme aimed at restructuring credit unions,

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EU Reaches Agreement on First Key Measures of Banking Reform

    EU Reaches Agreement on First Key Measures of Banking Reform

The European Parliament, the Council and the Commission have agreed on elements of the review of the Bank Recovery and

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Report Shows Ongoing Consolidation in European Banking Sector

    Report Shows Ongoing Consolidation in European Banking Sector

The number of credit institutions in the euro area banking sector declined by 25% between 2008 and 2016, according to

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€60 Million Backing For NUI Galway Campus Development

    €60 Million Backing For NUI Galway Campus Development

The European Investment Bank will provide €60 million towards development of the NUI Galway campus. The first ever loan to

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International Conference Breaks Down ‘Borders’ Affecting Global Entrepreneurs

    International Conference Breaks Down ‘Borders’ Affecting Global Entrepreneurs

Celebrating its 40th anniversary, the internationally renowned, Institute for Small Business and Entrepreneurship (ISBE) Conference, comes to Belfast, Northern Ireland, from 8th–9th November 2017.

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Shift to Sustainable Food System in Europe is Possible – But Faces Challenges

    Shift to Sustainable Food System in Europe is Possible – But Faces Challenges

Making Europe’s production, consumption and trade in food environmentally sustainable is possible, but it will require a major shift in

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Review of Energy Supplier Costs

    Review of Energy Supplier Costs

The Commission for Regulation of Utilities (CRU) has published its analysis on supplier costs in the electricity and gas retail

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Irish Women More Likely to Have a Third-level Qualification Than Men

    Irish Women More Likely to Have a Third-level Qualification Than Men

The Central Statistics Office has published ‘Women and Men in Ireland 2016′ which presents over 70 indicators that identify important

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The Future is FeMale

    The Future is FeMale

An international study of global attitudes towards gender biases and roles has revealed that almost half of both men and

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New Directors Steer MaREI’s Vision For Ireland as Energy Leader

    New Directors Steer MaREI’s Vision For Ireland as Energy Leader

MaREI, Ireland’s national centre for marine and renewable energy research and development, has appointed UCC professors Brian Ó Gallachóir and

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Ireland Signs Earth Observation Agreement With the European Space Agency

    Ireland Signs Earth Observation Agreement With the European Space Agency

Enterprise Ireland has signed a Technical Collaborative Arrangement with the European Space Agency. This Arrangement will provide the State with

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Launch of €6.7 Million Climate Change Research Initiative Led by University College Dublin

    Launch of €6.7 Million Climate Change Research Initiative Led by University College Dublin

The Government has officially launched the 5-year Acclimatize project (www.acclimatize.eu/), a new €6.7 million climate change research initiative, with Professor

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Guaranteed Irish Welcomes Support For Housing and Enterprise Development in Budget 2018

    Guaranteed Irish Welcomes Support For Housing and Enterprise Development in Budget 2018

Guaranteed Irish has welcomed measures in Budget 2018 to increase housing supply and support enterprise. However, the organisation cautioned that

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Budget Will be Positive For Jobs and Investment – Ibec

    Budget Will be Positive For Jobs and Investment – Ibec

Ibec, the group that represents Irish business, has reacted positively to Budget 2018, stating that it will help support further

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Budget 2018 – CIF Welcomes Increased Investment in Infrastructure at Critical Time For Irish Economy

    Budget 2018 – CIF Welcomes Increased Investment in Infrastructure at Critical Time For Irish Economy

The Construction Industry Federation (CIF) has stated that the measures announced in Budget 2018 will help address the systemic weaknesses

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SEAI Says Budget 2018 Shows New Urgency to Deliver a Cleaner Future

    SEAI Says Budget 2018 Shows New Urgency to Deliver a Cleaner Future

The Sustainable Energy Authority of Ireland (SEAI) has welcomed the increased funding allocated to it in Budget 2018, which it

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Irish Exporters Association Response to Budget 2018

    Irish Exporters Association Response to Budget 2018

The Irish Exporters Association, the voice of the Irish industry, has welcomed Budget 2018 delivered by Minister for Finance, Public

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Budget 2018 – A Mixed Budget, Says JLL

    Budget 2018 – A Mixed Budget, Says JLL

Following the release of Budget 2018, JLL, the financial and professional services firm that specializes in commercial real estate services

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Funding For SFI FutureMilk Centre Welcomed by Teagasc

    Funding For SFI FutureMilk Centre Welcomed by Teagasc

The Government has announced funding for the Science Foundation Ireland (SFI) FutureMilk Centre, bringing to 17 the total number of

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Guaranteed Irish Calls For VAT Reduction and Expansion of Incentive Schemes to Stimulate Construction Sector

    Guaranteed Irish Calls For VAT Reduction and Expansion of Incentive Schemes to Stimulate Construction Sector

Guaranteed Irish has called for a reduction in VAT, the expansion of incentive schemes, and an overhaul of apprenticeships to

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NUI Galway is Named University of the Year

    NUI Galway is Named University of the Year

NUI Galway has been named The Sunday Times University of the Year. Trinity College Dublin is the runner-up in The Sunday Times Good University Guide

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TERMINALFOUR Survey Reveals Disparities in Digital Investment Among Higher Education Institutions

    TERMINALFOUR Survey Reveals Disparities in Digital Investment Among Higher Education Institutions

TERMINALFOUR, the digital marketing and web content management platform for higher education, has announced results of its Global Higher Education

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European Commission Refers Ireland to Court

    European Commission Refers Ireland to Court

The European Commission has decided to refer Ireland to the European Court of Justice for failing to recover from Apple

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Despite Very Low Incomes Small Farms Plan to Continue Farming

    Despite Very Low Incomes Small Farms Plan to Continue Farming

A new Teagasc study has highlighted that half of all Small Farms are in an economically vulnerable position. According to

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Far-reaching Reform of the EU VAT System

    Far-reaching Reform of the EU VAT System

The European Commission has launched plans for the biggest reform of EU VAT rules in a quarter of a century.

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Registrations invited for ‘Meet the Buyer’ event for construction of children’s hospital

    Registrations invited for ‘Meet the Buyer’ event for construction of children’s hospital

Enterprise Ireland, in association with the National Paediatric Hospital Development Board, is inviting registration for a ‘Meet the Buyer’ event

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NPF recognises Ireland’s future is urban – Gov must back ambition with funding

The Government’s newly published draft National Planning Framework correctly recognises that Ireland’s future is urban – now that appreciation must

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56% of higher education institutions will struggle to meet recruitment targets due to visa/travel restrictions

    56% of higher education institutions will struggle to meet recruitment targets due to visa/travel restrictions

TERMINALFOUR, the digital marketing and web content management platform for higher education, has announced the results of its 2017 ‘Global

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16,000 job seekers expected to attend Jobs Week 2017

    16,000 job seekers expected to attend Jobs Week 2017

Minister for Employment Affairs and Social Protection Regina Doherty has welcomed the huge response to Jobs Week 2017, which takes

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